1521 Highland Dr - Multi-Family FOR SALE


Hollister, CA 95023
$1,599,900 USD
831-801-3210
1521 Highland Dr, Hollister, CA for Sale
$1,599,900 USD
Multi-Family - FOR SALE
1/13
null | 2.72% Cap Rate

1521 Highland Dr
Hollister, CA 95023


OVERVIEW

Never been on the market before! Original family that built the units is now selling. Great Sunnyslope location. Five-plex: Four 2 bedroom/1 bath units and one 3 bedroom/two bath unit. Close to schools, shopping, commuter roadways (but not too close). Mature landscaping, local professional management company. Call your Realtor today before this opportunity to invest in Hollister passes you by! DO NOT DISTURB OCCUPANTS! Make offer subject to inspection and approval. Please email offers on CAR form including preapproval letter (or proof of funds if cash) to jnoblerealestate@outlook.com. Escrow holder is First American-Hollister, Nellie Garcia. Seller intends to perform a Section 721 Exchange at close of escrow. There is a shared driveway with 1601 Sunnyslope Road which includes a recorded easement and maintenance agreement (on title report). Yes, rents are below market and being increased per AB 1428. Most recent rent increase was 8/1/2025. List price reflects lower rents and seller motivation.

FOR SALE DETAILS

PRICE

$1,599,900 USD

PRICE/SF

$390 USD /SF

# OF UNITS

5

PRICE/UNIT

$319,980

CAP RATE

2.72%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1521 Highland Drive

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1982

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,439 SF

ZONING

R-3

APN/PARCEL ID

057-313-002-000

ASK ABOUT THIS PROPERTY

Jason NobleNino Real EstateMore Info
831-801-3210

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Jason NobleNino Real EstateMore Info
831-801-3210

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.